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☆ Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla
▼ + stars: | 2024-08-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — Chinese electric car brand Zeekr announced new batteries on Tuesday, which it says boast the fastest charge in the world. Zeekr said that the new battery could achieve the same charge performance even in negative 10 degree Celsius (14 degrees Fahrenheit) weather in about 30 minutes. Comparatively, Elon Musk's Tesla says its supercharger allow the company's vehicles to charge up to 200 miles in 15 minutes. Chinese automaker Nio has also offered the alternative of a three-minute battery swap. The subscription service automatically changes out the battery of designated car models with a charged one at specific swap stations.

Persons: Zeekr, Elon Musk's Tesla, Nio Organizations: New York Stock Exchange, Technology Holding Locations: BEIJING, U.S

☆ Boeing's new CEO is already showing that improving quality control is his top priority
▼ + stars: | 2024-08-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Kelly Ortberg visited two key production facilities in his first few days in charge. Ortberg also plans to be based near Seattle, Boeing's historic base and its manufacturing hub. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBoeing's new CEO is endeavoring to turn the company around, beginning by building a closer relationship with factory workers.

Persons: Kelly Ortberg, Ortberg, —, Max, AeroSystems Organizations: Service, Boeing, Business Locations: Seattle, Renton , Washington, Wichita , Kansas

☆ Musk embraces Trump and scorns subsidies. But Tesla still lobbies for US benefits
▼ + stars: | 2024-08-12 | by ( ) www.cnbc.com time to read: +5 min

Musk could "sacrifice some of the short-term interest in Tesla," Ward added, "if it'll satisfy the long-term interests of his ambitions." Musk and Tesla didn't respond to requests from Reuters for comment. The growing bond between Trump and Musk could be on display Monday night, when the Tesla boss is scheduled to interview the Republican candidate on X, Musk's social media platform. It's unclear exactly what ambitions Musk could seek to advance through his increasingly vocal rejection of progressive platforms – from EV subsidies to identity politics. A Reuters review of Congressional lobbying records – and Tesla's public comments to federal and state regulators – shows that the company has continued working to shape public policy in favor of such benefits.

Persons: Elon Musk, Samuel Corum, Donald Trump, Tesla, Biden, Trump, –, Elon, Mike Murphy, Andrew Ward, Ward, Musk, Gavin Newsom Organizations: Tesla Inc, Bloomberg, Getty, Tesla, Republican Party, Democratic Party, U.S . Environmental Protection Agency, Republican, Reuters, Lehigh University, Trump, Democratic, U.S . Department of Energy, U.S . Department of, Treasury Locations: Washington , DC, U.S, California, Los Angeles, EVs, Fremont , California

☆ Californians are buying fewer Teslas. That could be a bad sign for Elon Musk.
▼ + stars: | 2024-08-11 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Read previewTesla has a California problem — its residents aren't buying as many of Elon Musk's electric cars as they used to. And California isn't the only place where Tesla's chokehold on the EV market is beginning to slip. Tesla CEO Elon Musk has attributed lackluster sales to high interest rates and economic uncertainty in the US. But, while Tesla's sales are dropping, the EV market as a whole is expanding, including in California. Similarly, data from CNCDA shows that EV sales in California hit their second-highest quarter on record in July.

Persons: —, Tesla, Elon, Elon Musk, Gavin Newsom, Newsom, Noam Galai, Musk, Donald Trump, wouldn't, Ivan Drury, Edmunds, California there's, Brian Moody, Moody Organizations: Service, Golden State, Car Dealers, US, Business, Cox Automotive, California, Forbes, Experian Automotive, SpaceX, Democratic Party, Auto Locations: California

☆ Eli Lilly's earnings rally is not done yet — plus, why TJX has stayed resilient in the volatility
▼ + stars: | 2024-08-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It's a big one for retail with earnings from Home Depot and Walmart and, more broadly, the Commerce Department's July retail sales report. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Eli Lilly, Cowen, TJ Maxx, we'll, Jim Cramer's, Jim Organizations: CNBC, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, Management, Home Depot, Walmart, Commerce, TJX, Reserve, Jim Cramer's Charitable Locations: Marshall's

☆ Bitcoin miner Core Scientific rides AI from bankruptcy to $6.7 billion partnership in eight months
▼ + stars: | 2024-08-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

In January, U.S. bitcoin miner Core Scientific was bankrupt and battling angry lenders. Core Scientific will deliver an additional 112 megawatts of computing infrastructure to support CoreWeave's operations. Core Scientific said the deal will generate an additional $2 billion in revenue over 12 years, on top of an existing arrangement that's expected to bring in $4.7 billion. In total, the company plans to provide about 382 megawatts of infrastructure to CoreWeave by the first half of 2026, with the possibility of adding 118 megawatts at other Core Scientific sites. "We've seen tremendous growth since our emergence in January and have been laser focused on developing best-in-class digital infrastructure," Core Scientific CEO Adam Sullivan told CNBC.

Persons: We've, Adam Sullivan Organizations: Nvidia, CNBC

☆ Ford turns 'dirty' business into a profit driver. GM and Stellantis are taking notice
▼ + stars: | 2024-08-05 | by ( Michael Wayland | ) www.cnbc.com time to read: +10 min

Many fleet sales, especially daily rentals, have historically been viewed as a negative for auto companies. But Ford has proven that's not always the case by breaking out financial results for its "Ford Pro" fleet business. Ram, GM retoolAs Ford touts its fleet business, its closest rivals have amped up their operations. It launched "GM Envolve" last year, its overhauled fleet and commercial business focused on fleet sales, digital telematics and logistics for commercial customers. EV goalsGM Envolve includes the company's EV commercial business BrightDrop, which was folded back into the automaker last year instead of it acting as a subsidiary.

Persons: Mark Hazel, It's, Ford, Ferrari, Jim Farley, Wolfe, Joe White, Farley, BofA's John Murphy, Ram, Christine Feuell, Stellantis, Ram Ram, Ken Kayser, Sandor Piszar, Motors, Piszar, EV600 Organizations: Ford DETROIT, U.S, automakers, Ford Motor, General Motors, Chrysler, P Global Mobility, Ford, Ford Pro, Wolfe Research, North, GM, Ford Super Duty, Reuters, GM retool, CNBC, Software, Stellantis, GM Envolve, Sierra, GM Fleet, EV Locations: Dearborn , Michigan, U.S, North America, Europe, Kentucky, Louisville , Kentucky, Stellantis, Detroit

☆ Lucid gets $1.5 billion cash infusion from Saudi shareholder, beats revenue estimates
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +1 min

Lucid Group said on Monday its largest shareholder, Saudi Arabia's Public Investment Fund, will inject $1.5 billion in cash, as the electric vehicle maker looks to add new models to its product line. The company also reported second-quarter revenue above analysts' estimates as price cuts helped drive higher sales of its luxury electric sedans during the April-June period. Revenue for the second quarter was $200.6 million, compared with analysts' estimate of $192.1 million, according to LSEG data. The company posted a net loss of $790.3 million in the June quarter, compared with a loss of $764.2 million a year earlier. It ended the second quarter with cash and cash equivalents of $1.35 billion, compared with $1.37 billion at the end of 2023.

Persons: Tesla Organizations: New York, Lucid, Saudi, Public Investment Fund, EV maker's, Ayar, Investment Locations: PIF

☆ These 10 stocks usually rise when Nvidia shares fall
▼ + stars: | 2024-08-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Several stocks in the S & P 500 often rise whenever Nvidia shares fall, according to a CNBC Pro analysis. CNBC Pro screened for stocks in the S & P 500 that were inversely correlated to Nvidia's over July, a month in which the chip maker's stock declined by 11.6%. By comparison, the S & P 500 notched a 1.1% gain, while the tech-heavy Nasdaq Composite eased 0.8%. A correlation of 0 would indicate no statistical link between Nvidia's stock and the share price of the other companies. The below table highlights the 10 stocks in the S & P 500 with the strongest inverse correlation with Nvidia's share price over the first week of August.

Persons: Dr Pepper, General Mills, Dickinson, Lockheed Martin, Northrop, Russell, Morgan Stanley, Goldman Sachs, — CNBC's Arjun Kharpal, Lisa Kailai Han, John Melloy Organizations: Nvidia, CNBC, Xcel Energy, Co, Northrop Grumman, CNBC Pro, Nasdaq Locations: U.S, Becton, lockstep

☆ These stocks have fallen too much, too fast and could be due for a rebound after broad market sell-off
▼ + stars: | 2024-08-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

This week's market sell-off has pushed several stocks into oversold territory — potentially setting these names for a rebound in the future. Troubled cybersecurity stock CrowdStrike is the most oversold stock on the list with an RSI of just 13.6. Some of this week's most overbought companies include defense giant Lockheed Martin , tobacco company Philip Morris International and FirstEnergy . Of the names on the list, Lockheed Martin has the highest 14-day RSI reading of 93.7. LMT YTD mountain Lockheed Martin in 2024

Persons: Goldman Sachs, LULU, Lockheed Martin, Philip Morris Organizations: Nasdaq, Dow Jones, CNBC, Moderna, U.S, Street, Lockheed, Philip Morris International, Bank of America Locations: LSEG, Thursday's

☆ Dan Niles bought more Nvidia during the sell-off, says it can double from here as AI builds out
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Nvidia shares can double from these levels, according to portfolio manager Dan Niles. That's why he's been buying more of the chipmaker as its stock has been pummeled during the recent sell-off. "We think they're going to have a beat-and-raise quarter." Nvidia shares dropped nearly 7% on Thursday, building on a 5.3% loss in July. Niles believes the AI story for Nvidia has more room to run, noting that shares don't look so expensive when adjusting for its growth rate.

Persons: Dan Niles, he's, CNBC's, Niles, we've Organizations: Niles Investment Management, Nvidia, Cisco Systems

☆ Stocks making the biggest moves midday: Shake Shack, C.H. Robinson, Mobileye Global and more
▼ + stars: | 2024-08-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

However, it topped second-quarter revenue estimates and posted a narrower-than-expected loss for the quarter. Teladoc — The telehealth stock moved more than 4% lower after the company posted weaker-than-expected second-quarter revenue. Air Products and Chemicals — The industrial gases company's stock surged more than 10% after beating Wall Street's earnings expectations. MGM Resorts — The stock declined nearly 14% despite the casino operator surpassing second-quarter earnings expectations. Crocs — The stock shares fell about 2% even though the company surpassed second-quarter earnings and revenue expectations.

Persons: Shack, C.H, Robinson, Teladoc, LSEG, Royce —, Royce, Wall, Meta, Carvana, Crocs, Akash Palkhiwala, —, Samantha Subin, Yun Li, Michelle Fox Organizations: LSEG, Moderna, Royce, Air Products, Chemicals, Meta, MGM Resorts, MGM, Arm, Holdings, Qualcomm Locations: LSEG ., U.S

☆ Japan orders 'drastic reforms' after new Toyota certification violations
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: +1 min

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. The Japanese government ordered Toyota Motor on Wednesday to make "drastic reforms" after discovering new violations in the automaker's vehicle certification procedures. In a so-called corrective order, the transport ministry said on-site inspections had uncovered widespread, intentional misconduct and irregularities in seven additional models that had not been previously disclosed. Toyota said the corrective order instructed it to "make drastic reforms to ensure appropriate certification operations." Toyota and four other vehicle makers admitted in June they had submitted either flawed or manipulated data when applying for certification of vehicles.

Organizations: Toyota Motor Corp, Toyota Motor, Toyota Locations: Tokyo, Japan

☆ Live updates: Apple investors watching iPhone sales in China ahead of earnings today
▼ + stars: | 2024-08-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The tech giant suffered from weak demand and rising competition in China earlier this year. Investors are looking for updates on its performance in China and coming products, like the iPhone 16. Investors will be on high-alert for updates on the firm's success in China, the services side of its business, and Apple's key projects. That includes Apple Intelligence, its coming AI software, and the iPhone 16, which is set to be released this fall. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Investors, Service, Apple Intelligence, Business Locations: China

☆ Boeing's new CEO already seems to have given a major indication of where his priorities lie
▼ + stars: | 2024-08-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Read previewBoeing's incoming CEO, Kelly Ortberg, is already signaling his intent to get the planemaker back on track. Later that month, The Seattle Times reported that Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle. Outgoing CEO Dave Calhoun last year faced criticism from employees after commuting to Boeing's HQ by private jet, The Wall Street Journal reported. Airline bosses like Emirates' Tim Clark had called on Boeing to appoint a new CEO with an engineering background. Boeing's incoming CEO, Kelly Ortberg, is an aerospace veteran.

Persons: —, Kelly Ortberg, Ortberg, It's, Rockwell Collins, Max, Lindsey Wasson, Maria Cantwell, Dave Calhoun, Calhoun, Tim Clark, we've, Nicolas Owens, Owens, Bob Clifford, preventively Organizations: Service, Seattle Times, Boeing, Reuters, Business, Alaska Airlines, Federal Aviation Administration, REUTERS, Commerce, Science, Transportation, Street Journal, Morningstar Locations: Seattle, Chicago, Virginia, Washington, South Carolina, Renton , Washington, Emirates, Blackstone

☆ Toyota first-quarter profit jumps 17% on weak yen, matches expectations
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: +1 min

A Toyota logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. Toyota Motor said on Thursday it posted a 17% rise in first-quarter operating profit, as the Japanese automaker got a boost from cost reduction efforts and a weak yen that helped offset lower sales and production volume at home. The world's top-selling automaker said operating profit for the three months through June totaled 1.3 trillion yen ($8.70 billion), matching the average of six analyst estimates compiled by LSEG. Toyota maintained its forecast of 4.3 trillion yen profit for the full year, versus a 5.3 trillion yen average of 18 analyst estimates. Toyota's share price, which was down 5.5% just before the earnings release, fell further immediately afterward and was down 8.4% at 2,702 yen by 0446 GMT.

Persons: LSEG Organizations: New York, Auto, Toyota, Lexus Locations: Manhattan , New York City, U.S, Japan, China

☆ Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more
▼ + stars: | 2024-07-31 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Match Group — Shares of the Tinder dating app owner moved 13% higher after the company posted second-quarter revenue of $864 million. That is above the $856.5 million estimate that analysts polled by FactSet had expected. Revenue, however, came in below expectations at $6.48 billion, compared to the $6.55 billion analysts polled by FactSet had expected. Marriott reported $6.44 billion, which was below the $6.47 billion analysts polled by FactSet had expected. Bunge — The food stock moved nearly 8% lower after the company posted second-quarter results that missed analysts' expectations.

Persons: Vistra, FactSet, LSEG, Dan Dolev, AutoNation, Kraft Heinz —, Bunge, Robert " Kelly, Ortberg, Dave Calhoun, Rockwell Collins, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: FactSet, Nuclear Regulatory Commission, Nuclear, AMD, Nvidia, Qualcomm, Arista Networks, Mizuho, DuPont de Nemours, DuPont, Humana, Starbucks, LSEG, Marriott, Constellation Energy, Constellation, Boeing, Rockwell, Collins Aerospace Locations: Texas, Japan, Korea, Tuesday's

☆ How Maker's Mark produces 34 million bottles of bourbon a year
▼ + stars: | 2024-07-31 | by ( Daniel Gessner | ) www.businessinsider.com time to read: 1 min

In a tiny Kentucky town, Maker's Mark produces one of America's most famous bourbon whiskeys. Known worldwide for its bottles' iconic red wax, the company sells over 3 million cases of bourbon each year. But bourbon making is a complicated process that depends on special wooden barrels to age the whiskey for years, and the oak trees needed to make those barrels aren't growing enough to support the next generation of bourbon makers. We visited Maker's Mark's one and only distillery to learn more about making bourbon and what the company is doing to stop the industry from facing a barrel shortage. This story is available exclusively to Business Insider subscribers.

Persons: Maker's Mark Organizations: Business Locations: Kentucky, Maker's

☆ Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more
▼ + stars: | 2024-07-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +6 min

Advanced Micro Devices — Shares popped nearly 9% after the chipmaker's earnings and revenue beat analyst estimates postmarket Tuesday. AMD reported adjusted earnings of 69 cents per share versus 68 cents expected from analysts polled by LSEG. Live Nation Entertainment — The entertainment stock was little changed after posting second-quarter revenue that matched expectations. But revenue of $6.48 billion was below the $6.55 billion analysts had expected, according to FactSet. Marriott International — The hotel chain slipped 4% after posting second-quarter revenue of $6.44 billion, below the $6.47 billion expected by analysts polled by FactSet.

Persons: DuPont, LSEG, Pinterest, FactSet, Dan Dolev, Kelly Ortberg, Dave Calhoun, AutoNation, StreetAccount, Kraft Heinz —, Greg Heckman, —, Brian Evans, Michelle Fox, Fred Imbert, Spencer Kimball, Tanaya Macheel, Jesse Pound, Samantha Subin Organizations: DuPont, Intel, Bloomberg, Microsoft, AMD, LSEG, Revenue, Nvidia, ASML, Arista Networks, Arista, Starbucks, Mizuho, Boeing, Collins Aerospace, Entertainment, Humana, Marriott, FactSet, Mobile, Nuclear Regulatory Commission, Nuclear, Constellation Energy, Constellation, Bunge Locations: Tuesday's, FactSet, Texas, U.S

☆ Boeing 737 Max crash families say planemaker should face much higher fine
▼ + stars: | 2024-07-31 | by ( ) www.cnbc.com time to read: +3 min

Families for some of the 346 people killed in two fatal Boeing 737 Max crashes said on Wednesday a U.S. judge should reject the planemaker's proposed plea deal with the Justice Department and the government should seek a much higher fine. Spokespeople for Boeing and the Justice Department did not immediately comment on the families' filings. The DOJ told Boeing earlier this month it could accept a settlement that branded the planemaker a felon or fight the charge in court. The Justice Department has a separate criminal probe ongoing into the Alaska Airlines jet that was missing four key bolts. The company's board -- including new CEO -- must meet with the victims' families within four months of sentencing.

Persons: Nadia Milleron, Samya Stumo, Dennis Muilenburg, Hart, Paul Cassell, Cassell, Adrian Vuckovich, Max Organizations: Ethiopian Airlines, Boeing, Senate Commerce, Science, Justice Department, DOJ, The, Department, Alaska Airlines Locations: Indonesia, Ethiopia

☆ Chinese EV makers are outpacing Tesla in one key area
▼ + stars: | 2024-07-31 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Read previewTesla is fighting to keep its EV crown, and Chinese automakers are already challenging Elon Musk's company in one crucial area: Innovation. The Washington DC-based think tank found that Chinese EV companies are 30% faster when it comes to developing and releasing new car models than automakers in other regions, including Tesla. AdvertisementAdditionally, Chinese electric-car companies like BYD are pumping out more new EVs than US automakers, including Tesla, ITIF said. The Think Tank warned US carmakers would need to "double down on genuine technological innovation" if they wanted to continue to compete with Chinese companies. Musk's company has been facing mounting pressure from EV companies in China, including BYD, which has been vying with Tesla for the title of top EV seller .

Persons: —, ITIF, Tesla, China's BYD, Li Auto, Musk Organizations: Service, Elon, Information Technology, Innovation Foundation, The Washington DC, EV, Business, BMW, Tesla, Reuters Locations: China

Analyst Dan Dolev also increased his price target on shares to $31 from $17, suggesting shares could gain 19% from Tuesday's close. It also cut its price target to $24 from $38, implying downside of 16.7%. To be sure, he trimmed his price target to 21 euros from 24 euros. Analyst Joseph Moore named the chipmaker a top pick, reiterating his overweight rating and $144 price target. Nvidia shares have more than doubled this year.

Persons: Morgan Stanley, Nomura, Dan Dolev, Dolev, UPST, Dole, — Hakyung Kim, Samik Chatterjee, Chatterjee, Hakyung Kim, Anindya Das, Das, Joseph Moore, Moore, Fred Imbert Organizations: CNBC, Mizuho, Holdings, underperform, JPMorgan, TAM, Nomura, America, Nvidia Locations: Mizuho, Tuesday's, North America, U.S, Europe

☆ Older GLP-1 drug from Novo Nordisk may slow Alzheimer's disease progression by protecting the brain, study says
▼ + stars: | 2024-07-30 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +5 min

George Frey | ReutersAn older, once-daily drug for diabetes and obesity from Novo Nordisk called liraglutide may slow the progression of Alzheimer's disease by protecting patients' brains, according to data from a mid-stage trial released on Tuesday. Novo Nordisk sells liraglutide as a diabetes and obesity drug under the brand names Victoza and Saxenda, respectively. Alzheimer's disease often causes the brain to shrink as the illness progresses because crucial nerve cells break down and stop working properly. By 2050, the number of Alzheimer's patients is projected to rise to almost 13 million in the U.S. The ongoing EVOKE is examining semaglutide, the active ingredient in Wegovy and Ozempic, in nearly 2,000 Alzheimer's patients.

Persons: George Frey, Eli Lilly, liraglutide, Brian B, Bettencourt, Heather Snyder, Leqembi, Snyder, Dr, Paul Edison, Edison, Bobby Pugh, Bessie Pugh, Karen Pulfer Focht Organizations: Novo Nordisk Pharmaceutical, Reuters, Novo Nordisk, Imperial College London, Alzheimer's Association International Conference, Toronto Star, Getty, Alzheimer's Association, U.S, CNBC, Alzheimer's, Novo Nordisk's, Ave Locations: Provo , Utah, Danish, Philadelphia, Biogen, Novo, Bartlett , Tennessee, U.S

☆ Jim Cramer: Merck is a buy after the drugmaker's post-earnings dip — here's why
▼ + stars: | 2024-07-30 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Merck : The drugmaker reported a better-than-expected quarter. It raised its full-year sales outlook but was still a little short of estimates. Jim Cramer said Tuesday he would take advantage of the dip and buy Merck ahead of the benefit from this drug. Pfizer : Better-than-expected sales and adjusted earnings, as well as a full-year outlook raise, were not enough to keep the stock higher. PayPal : The digital payments company reported a better-than-expected quarter.

Persons: Jim Cramer's, Jim Cramer, Cramer, Alex Chriss, Anthony Noto Organizations: CNBC, Club, Merck, FDA, Pfizer, PayPal, Aerospace

☆ JD Vance has the most to lose if Kamala Harris taps Minnesota Gov. Tim Walz as her running mate
▼ + stars: | 2024-07-30 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewWhoever emerges as Vice President Kamala Harris' running mate has the potential to dramatically reset the 2024 presidential race. AdvertisementShould Harris select Walz, it'd indicate her intent to compete hard in the key battlegrounds of Michigan, Pennsylvania, and Wisconsin. But even when Biden was still in the race, Walz zeroed in on Vance. Walz then described both Vance and Trump as "robber barons" who have done more harm than good to the Midwest. Vice President Kamala Harris is expected to select her running mate ahead of the Democratic National Convention.

Persons: —, Kamala Harris, Donald Trump, Ohio Sen, JD Vance, Joe Biden's, Harris, who's, Tim Walz, Walz, who'd, it'd, Vance, Trump . Walz, Biden, Walz zeroed, " Walz, Trump, he's, Jim Vondruska, counteracts Harris, It's Organizations: Service, Ohio, GOP, Business, Democratic, Minnesota Gov, Trump, Sun, Midwest, Democratic National Convention, Democrats, Republicans, Republican National Convention, —, CNN Locations: Minnesota, Nebraska, Michigan , Pennsylvania, Wisconsin, Midwest, Vance, America, Michigan, Pennsylvania, Arizona , Georgia, Nevada, North Carolina, San Francisco Bay, Illinois , Indiana , Michigan , Ohio

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